Tandem Share Discussion Threads

[graham1ty] 28/9/2018 15:32

Scathing indictment of the Directors in today’s SCVR

[graham1ty] 28/9/2018 11:10

Are the Directors going to pay back the £172,000 bonuses they paid themselves in April this year ?

[davidosh] 27/9/2018 10:37

Why don't Tandem nor any of their brands feature at this show especially considering it is right on their doorstep ?

[graham1ty] 24/9/2018 22:33

Seven years David ? From well it fell heavily in 2004, it has done nothing since.

I make that fourteen years.

Oh, and anyone who owned before 2004 is well and truly stuffed

[davidosh] 24/9/2018 21:56

The share price has done nothing for the past seven years and the only ones who seem to benefit are the directors who are drawing very significant salaries compared to the market cap and similar companies. Would it not be better for shareholders to seek a buyer just like Evans Cycles are doing ?

[balcony] 20/9/2018 20:56

Evans cycles looking for a buyer

[my retirement fund] 11/7/2018 18:56

Jeez their job is to rinse the company for all its worth.There are some people whi just cant seem to get it!No helping some folk imo.

[graham1ty] 11/7/2018 18:43

From the above comments, estimates are that revenue was substantially down in Jan-March, possibly 50%. The accounts were signed on 11th April.

Now, presumably the bonuses could not be computed until the annual accounts were signed. And, knowing the awful 1Q they still decided that bonuses of £172,000 were appropriate. Or am I getting this wrong and the £172,000 was paid in the calendar year 2017,and relates to the previous year ?? Surely not.

They have no shame

[arthur_lame_stocks] 03/7/2018 15:23

I did warn that last year was the exception and not a new norm.

[amt] 29/6/2018 19:20

They mentioned weather as just one of the factors. Lack of consumer confidence and de stocking and the events at TOYSRUS perhaps just as important. I suspect April was probably the really bad month as that was after last outlook statement.

[castleford tiger] 29/6/2018 18:28

Davidosh

Totally agree.
However I would say that jan to march we were probably 50% down as until this week the hottest day of the year was mid April and MAY and JUNE have been the best for 50 years.
Frankly I don't believe them.

The shareholders seem to be "something they have to deal with" rather than the owners.
I am hoping Mr Bragg can shake things up.
There is a very poor market here but I have breakeven on first half and a million profit in the second half.
Lets hope they take a pay cut!

Tiger

[davidosh] 29/6/2018 14:26

If sales can drop 30% due to snow and bad weather affecting outdoor leisure then there is also the reverse affect when from April through to September it looks like we are going to have the best UK weather for many years.

I am keen to see the company provide more information and in a timely fashion and to help investors by providing company presentations. The company currently do zero investor relations work and the dividend is negligible compared to earnings and certainly compared to executive remuneration.

This was the current trading outlook at the end of March in a generally positive update ahead of the results.....

Nevertheless, we have some concerns about the levels of stock some of our national retailer customers are carrying forward from the prior year in both toys and outdoor product categories and we expect this to have a negative impact on performance of the Group in the first quarter of the year. Consequently, revenue to date and our forward order book are currently behind the previous year.


Behind the previous year ?? How much and why not be clearer with figures to help investors....At that stage surely they knew it was 30% whilst the share price went from £1 to £1.60 on the back of investors and shareholders feeling positive and with a very low p/e rating. Those investors will have lost trust and so the rating will stay low for a reason. Expectations are handled badly there are no broker notes or forecasts but directors take all the rewards !!

I could not attend the Agm but did they mention the new internet strategy at the meeting yesterday or are they keeping shareholders in the dark on that too ?

[amt] 28/6/2018 21:45

My guess is a loss of a few hundred k in H1. If overhang of stocks cleared by retailers the market could bounce back quickly.

[wapper] 28/6/2018 16:05

Don't forget the £3 million Pension Fund Deficit

[castleford tiger] 28/6/2018 15:52

The 3% threshold I calculate to be 141230.

I hold close to 122,000 possibly 5 more depending on today.

Spoken to Graham and he is happy to put the other side.

I don't think its that bad.
If we are 30% down now we must have been 50% down in first 12 weeks as the weather has been good since then.

I remain a buyer
tiger

[graham1ty] 28/6/2018 15:09

Do not know why it has done that !though makes a point !

[graham1ty] 28/6/2018 15:08

Scathing criticism by Graham Neary on the Stockopedia SCVR

[graham1ty] 28/6/2018 15:07

Scathing criticism by Graham Neary on the Stockopedia SCVR

[graham1ty] 28/6/2018 15:07

Scathing criticism by Graham Neary on the Stockopedia SCVR

[graham1ty] 28/6/2018 15:05

Scathing criticism by Graham Neary on the Stockopedia SCVR

[graham1ty] 28/6/2018 15:05

Scathing criticism by Graham Neary on the Stockopedia SCVR

[rhomboid] 28/6/2018 12:12

Hi CT
Surely a 30% drop in revenue will have a much larger impact on profit than 30% as operational gearing kicks in ..in reverse?

[my retirement fund] 28/6/2018 10:34

Okay Tiger well when I see your 3% holding I'll take you serously then.

[castleford tiger] 28/6/2018 09:58

Sorry we keeping you up?

If you think a company with a market cap of 5 million is expensive then don't follow it.
Net assets of over 11m DOUBLE market cap

of which
Buildings are about 3.5
Cash is about 3.00m

It pays just under 4% dividend and made 1.7m net last year.

Allowing for a fall this year of 30% ( Which is a massive overstatement in my opinion) it still make 1 million plus.

No I am happy to keep buying

Tiger